Real Estate Companies Looking for New Talent, Analyst Says

Spencer Levy, Americas head of research at CBRE, joined REIT.com for a video interview at REITWise 2016: NAREIT’s Law, Accounting and Finance Conference at the Marriott Marquis in Washington, D.C.

Levy spoke at REITWise 2016 on the state of the real estate markets. One of the most important trends among “big occupiers” in the commercial real estate market today is talent acquisition, according to Levy.

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Canadian Real Estate Fundamentals “Pretty Strong,” REALpac CFO says

Nancy Anderson, CFO and vice president of the Real Property Association of Canada (REALpac), joined REIT.com for a video interview at REITWise 2016: NAREIT’s Law, Accounting and Finance Conference at the Marriott Marquis in Washington, D.C.

REALpac represents Canada’s owners and managers of investment real estate. Anderson offered an overview of the health of Canada’s real estate investment market. Overall, real estate fundamentals are “pretty strong” in most regions, Anderson said.

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Real Estate Assets Holding Firm, Analyst Says

In the latest episode of the NAREIT Podcast, Joi Mar, analyst for real estate analytics with Green Street Advisors, discussed trends in real estate asset valuations.

Mar said that despite signs of a healthy economy in the United States, the market is giving off “mixed signals.” Although the employment picture bodes well, the strength of the dollar, concerns about China and fluctuations in the energy sector are weighing on economic growth, according to Mar.

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Hilton to Spin Off Real Estate into REIT

Hilton Worldwide said Feb. 26 that it plans to spin off the bulk of its hotel real estate holdings into a publicly traded REIT by the end of the year.

McLean, Virginia-based Hilton Worldwide noted that it received a private letter ruling from the Internal Revenue Service regarding the spin-off. The hotel company intends to file appropriate registration statements with the Securities and Exchange Commission (SEC) during the second quarter.

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GRESB COO Says Global Real Estate Sustainability Efforts on Upward Track

Chris Pyke, COO of the Global Real Estate Sustainability Benchmark (GRESB), joined REIT.com for a video interview at NAREIT’s 2016 Leader in the Light Working Forum at the Ritz Carlton – Coconut Grove in Miami.

Commenting on the 2015 GRESB Survey, Pyke said he was “impressed and surprised” that the entire real estate industry’s sustainability achievements are on an upward track.

“The entire industry, on a global basis, is in motion. They are doing more, achieving higher levels and that is broad-based and sustained,” he said.

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